


yy their Scientific 
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RSA IP LEME TONE TESTE RE NT 


sRIVATE LIBRARY OF 
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PEABODY COAL COMPANY 








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“Lhe MANAGEMENT of 


COAL PROPERTIES 
Lie . 
PEABODY COAL COMPANY 


Founded in 1883 . 








Operating 
thirty-six bituminous 
mines in eleven fields 
with annual capacity of 
eighteen million tons. 





General Offices: 
532 South Michigan Avenue, Chicago 


CINCINNATI, OHIO Branches: PINEVILLE, KENTUCKY 
DEADWOOD, S. DAKOTA SAINT LOUIS, MISSOURI 
KANSAS CITY, MISSOURI OMAHA, NEBRASKA SHERIDAN, WYOMING 
MINNEAPOLIS, MINN. PEORIA, ILLINOIS SPOKANE, WASHINGTON 

















O those interested in 

coal properties or se- 
curities, the Peabody Coal 
Company offers its ser- 
vices, as hereinafter de- 
scribed, in the capacity of 
Financier, General Mana- 
ger, Consulting Engineer, 
Construction Engineer, 
Sales Agent, Purchasing 
Agent, Auditor and 
Accountant. 




















De eoeed 


Efficiency Must Supplant Waste 


By the CHAIRMAN OF THE BOARD 


The coal industry is primarily a wasting industry; 
not only a wasting industry but a wasteful industry,— 
wasteful in the manner in which the wonderful mineral 
resources that the Creator made have been thought- 
lessly, uneconomically, unscientifically and wantonly 
wasted. 


Coal mining is a science requiring expert knowledge. 
Waste must not exist if it can be prevented. Coal 
abandoned can never be recovered. Modern, economi- 
cal, scientific methods must be adopted; other methods 
should be classed as criminal. 


I believe that our organization can show the right 
way. During our experience of 36 years we have 
made and overcome almost every kind of mistake. 
If we, profiting by those mistakes to prevent newer and 
perhaps more costly ones, can be of service to you, 
we offer that service. 





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Coal Investments during the 
Reconstruction Period 


By the PRESIDENT 


During the present era of disturbed industrial con- 
ditions, every one should be extremely cautious in see- 
ing that properties in which they are interested are 
efficiently managed, or securities which they hold are 
properly safeguarded. Particularly is this true of coal 
properties and securities. 


The urgent necessity during the war period for the 
greatest possible coal production brought about, and 
properly so, the development of new mines and the 
reopening of many others which in pre-war times 
were unprofitable. 


It has been demonstrated during the period follow- 
ing the Armistice that former war production cannot 
be consumed under normal conditions. Idle days are 
expensive for consumer, laborer and investor, yet 
such idleness cannot be avoided when production 
capacity exceeds seasonal requirements. Under such 
circumstances the waste in this basic industry—upon 
which all other business directly or indirectly rests— 
is readily apparent and greatly enhances the price 
which the ultimate consumer must pay. 


Briefly, therefore, we must face, under normal con- 
ditions, the practical industrial problem of too many 
producing coal mines, with the inevitable result that 
some cannot survive. Cost of production will be the 
all-important factor in determining the future of the 
doubtful coal operations. Some of these are handi- 
capped with unfavorable mining conditions, poor 
quality, impurities which cannot be removed with 
reasonable care and expense, disadvantageous location 
as to markets and too great initial cost for the recover- 
able coal. Many others are in more fortunate position 
and merely suffer from inefficient management. 


The first are hopeless. The latter valuable if prop- 
erly managed. 


Two 





























Those who have substantial investments in the coal 
industry are directly interested and vitally affected to 
the extent of such holdings. The safety of the invest- 
ment as well as earnings is largely dependent upon the 
management. Pains should be taken to know whether 
the investment will continue to yield a fair return and 
that depletion and depreciation requirements are prop- 
erly protected. Knowledge is needed as to whether the 
property is worthy of further investment, or in need 
of improved mining methods, installation of more 
modern machinery, scientific development looking to 
future economical operation, or better preparation 
and distribution of the product. In other words, does 
the property need more intelligent and efficient management 
to make the investment both safe and profitable? 


Timely investigation and thoughtful reflection have 
saved many an important business. Ample funds, tech- 
nically trained men, systematized departmental effort co- 
ordinated under capable executive direction mean much, 
but judgment and advice born of knowledge acquired in the 
school of experience are of even greater value under such 
circumstances. | 


The Peabody Coal Company, therefore, offers its 
services as hereinafter suggested, with the hope that 
it can be of constructive assistance to those who may 
need advice and help. It believes that it can do so 
because it has successfully met many difficult coal 
problems during its thirty-six years of continuous 
growth—step by step—from a small retail yard in 1883 
to an organization now operating thirty-six mines in 
the United States and Canada with an annual capacity 
of eighteen million tons. We invite your confidence. 
Our service is yours if you need it. 


Se es ee 











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Peabody Mine No. 3 
LOCATION—Marion, Williamson 


Illinois. 


Peabody Mine No. 7 
LOCATION -— Kincaid, Christian 


Illinois. 


County, 


County, 


RAILROADS — C. B. & Q., I. C., C. & E.L., 
Mo. Pac. 


CAPACITY— 1,350,000 tons per year. 





RAILROADS-—-C. & I. M.,C & A., I. C., 
C. & N. W., Wabash, B. & O. 


CAPACITY —1,(00,000 tons per year. 


Four 



































Peabody Coal Company Service 


We act as Financier, General Manager, Consult- 
ing Engineer, Construction Engineer, Sales Agent, 
Purchasing Agent, Auditor and Accountant. 


Financier ©°! properties which are or can be 
made competitive or merchantable and 

have the approval of our operating and sales depart- 

ments, are financed for our own account or others. 


We act as selling agent for banks, trust companies, 
bond houses and owners of coal properties. During 
the last few years we have financed more than thirty 
million dollars of coal securities. 


General Manager We operate mines owned 


by others for their account 
or the joint account of the owners and ourselves. We 
operate mines owned by consumers of coal, supply 
them with their requirements and market the remain- 
der of the output fortheiraccount. Managing a large 
number of mines in different bituminous fields, it is 
obvious that we are able to make daily comparisons of | 
mining conditions, cost items and sales problems which 
are helpful to all, both individually and collectively. 
An emergency seldom arises in any field which can 
not be immediately handled by our regular organiza- 
tion, with attendant saving of time and money for 
our clients. : 


Consulting Engineer 


Mining Structural 
Mechanical Electrical 


We act as Consulting Engineer in active operations 
and make recommendations for improvements or 
changes to secure increased output and lower cost. 
































We examine coal properties, advise as to their 
commercial value and prepare plans for opening and 
developing them. Weactin an examining and advisory 
capacity for banks, trust companies, bond houses and 
coal operators desiring assistance. 


Our reports deal with every feature of the busi- 
ness from initial production to distribution and ulti- 
mate consumption, and mean something more than 
theory and figures. 


Construction Engineer We sink or opennew 
mines, lay out top 


works, design and erect mine buildings, machinery, 
tracks, tipples, washers, screens, coke ovens and 
power plants, and install water works and fire protec- 
tion systems in connecticn therewith. 


Sales Agent We advise as to markets for present 


or contemplated mining operations. 
We act as agent for the sale of coal produced by com- 
panies whose output is too small to warrant their 
maintaining sales offices. 


Purchasin g A gent We act as Fuel Agent for 


large consumers of coal. 
We purchase mine supplies, equipment and machinery 
for our clients, giving them the benefit of price reduc- 
tion on the aggregate quantities with a large saving for 
mines we manage. 


Auditor and Accountant We ct as Treas- 
urer and Auditor 


for mines we manage, set up books, cost sheets, 
accounting records, Auditor’s reports, pay payrolls 
andfurnish cost statements and other essential dataas to 
the daily, weekly and monthly mining costs and results. 




















Fuel Supply 


We enter into long term contracts with large con- 
sumers of coal at cost, and minimum percentage of 
profit, some of whom require the entire output of one 
or more mines, giving such consumers the benefit of 
owning the mines without investment or responsibility 
of management. 


A good example of the advantages of such contracts 
may be found in the experience of the Commonwealth- 
ison Company of Chicago, to whom we furnish 


-two million tons per annum. The annual report of 


that com ipany gives its contract with us credit for 
keeping it regularly and adequately supplied with 


satisfactory fuel during the most trying period which 


has ever confronted the coal consumer, and saving 
one million dollars during the year. 

















Peabody Mine No. 8 RAILROADS—C. & I. M., C. & A., I. C., 
aa C. & N. W., Wabash, B. & O. 
LOCATION — Humphrey, Christian County, 

Illinois. CAPACITY~— 1,000,000 tons per year. 

















Peabody Mine No. 5 


LOCATION— Pawnee, Sangamon County, 
Illinois. 





Peabody Mine No. 6 
LOCATION—Sherman, Sangamon County, 


Illinois. 








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RAILROADS—C. & I. M., C. & A., I. 
C. & N. W., Wabash, B. & O. 


CAPACITY — 500,000-tons per year. 


RAILROAD — Chicago & Alton. 
CAPACITY — 625,000 tons per year. 


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Peabody Mine No. 9 RAILROADS—C. & I. M., C. & A., I. C., 
LOCATION— Calloway, Christian County, C. & N. W., Wabash, B. & O. 
Illinois. CAPACITY— 350,000 tons per year. 


(The capacity of this new mine is being steadily increased and will eventually reach 
1,250,000 tons per year or more.) 





By-Products Mine No. 18 RAILROADS--C. & E.I., I. C., C. B. & Q. 
CAPACIT Y—590,000 tons per year. 


LOCATION — West Frankfort, Franklin 
County, Illinois. 
Operated for By-Products Coke Corporation, Chicago, Iilinots. 


Nine 











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By-Products Mine No. 19 RAILROADS—C. & E. I. and I. C. 


CAPACITY—500,000 tons per year. 
LOCATION — West Frankfort, Franklin 
County, Illinois, 


Operated for By-Products Coke Corporation, Chicago, Illinois. 








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Peabody Mine No. 21 RAILROAD — Wabash. 
LOCATION —Stonington, Christian County, CAPACITY—500,000 tons per year. 
Illinois, 
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Peabody Mine No. 24 RAILROADS—C. & E. I. and C. C. C. & 


LOCATION— Westville, Vermilion County, St. L. 
Illinois. CAPACITY —525,000 tons per year. 











Burr ‘‘C’’ Mine No. 25 RAILROAD — Illinois Central. 
CAPACIT Y— 400,000 tons per year, 
LOCATION —Carterville, Williamson County, 
Illinois. 


Operated for Federal Coal Company, Chicago, Illinois. 


Eleven 

















he Development of 


Unit Number One at kvai 
Designed, constructed, developed an 


for Black Mour 


Capacity 1,25( 


Located on Louisv: 
































In designing and building this camp care was taken to make it attrac- 
tive to labor. Living quarters were provided by the erection of 
several hundred miners’ houses. There is a well-furnished hotel and 
three comfortable and popular club-houses. Deep wells were drilled 
to insure ample pure water for drinking and fire protection. An 
electric lighting system is being installed throughout the camp. A fully 
equipped modern hospital with trained nurses and camp welfare 
workers has been established. 


For recreation there is a dance-hall, pool and billiard tables and 


Twelve 








SLACK MOUNTAIN 


. Harlan County, Kentucky 
managed by Peabody Coal Company 
in Corporation. 


0 tons per year 
Nashville Railroad. 




















ALLEY 


moving-picture theatre. There is also a well-lighted and properly 
ventilated school under capable teachers. 


Enforced idleness at the mines, caused by lack of demand in summer 
and by shortage of railroad cars in winter, has always been one of the 
most serious problems confronting the coal industry. To reduce such 
idleness a storage plant is being installed which will enable the mines 
to operate without these interruptions. As the entire capacity output 
has been sold under contract for a term of twenty years, continuous 
operation is thereby assured with its attendant economy of production. 


Thirteen 


























New Virginia Mine No. 26 RAILROADS — C. & E. I. and I. C. 


LOCATION—Johnston City, Williamson CAPACIT Y— 400,000 tons per year. 
County, Illinois. 


Operated for Big Muddy Fuel Company, Chicago, Illinois. 




















Kettle Creek Mine No. 27 RAILROAD —C. T. H. & S. E. 
LOCATION —Shelburn, Sullivan County, In- CAPACIT Y— 250,000 tons per year. 
diana. 


Operated for Indiana Hocking Coal Company, Shelburn, Indiana 


Fourteen 


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Manufacturers Mines No. 28 CAPACITY— 300,000 tons per year. 
LOCATION~— Hellier, Pike County, Kentucky. Entire output made into coke in a battery of 200 
RAILROAD — Chesapeake & Ohio. Mitchell type Bee Hive ovens. 


Operated for Manufacturers Coal & Coke Company, Hellier, Kentucky. 





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Superior Mine No. 29 RAILROAD — Midland Valley. 
LOCATION — Tahona, LaFlore County,Okla- ©CAPACITY—150,000 tons per year. 
homa, 


Operated for Superior Smokeless Coal & Mining Company, Tahona, Oklahoma. 


Fifteen 











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Jasper Park Mine No. 36 / RAILROADS~—C. N. and G. T. P. 
LOCATION—Pocahontas, Alberta, Canada CAPACITY-—350,000 tons per year. 


Operated for Jasper Park Collieries Company, Ltd., Duluth, Minnesota. 

















Spiketon Mine No. 37 RAILROAD — Northern Pacific. 
LOCATION-— Morristown, Pierce County, CAPACITY ~— 159,000 tons per year. 
Washington. 


Operated for Pierce County Coal Company, Morristown, Washington 


Sixteen 














Sheridan Mine No. 40 RAILROAD— Chicago, Burlington & Quincy. 
LOCATION — Dietz, Sheridan County, Wyo- © CAPACITY—400,000 tons per year. 
ming. 


Operated for Sheridan-Wyoming Coal Company, Inc., Sheridan, Wyoming. 














Sheridan Mine No. 41 RAILROAD — Chicago, Burlington & Quincy. 
LOCATION — Dietz, Sheridan County, Wyo- CAPACITY —625,000 tons per year. 
ming. 


Operated for Sheridan-Wyoming Coal Company, Inc., Sheridan, Wyoming. 





Seventeen 


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Acme Mine No. 42 RAILROAD — Chicago, Burlington & Quincy, 
LOCATION — Acme, Sheridan County, Wyo- CAPACITY— 1,000,000 tons per year. 
ming. 


Operated for Sheridan-Wyoming Coal Company, Inc., Sheridan, Wyoming. 














Model Mine No. 43 RAILROAD — Chicago, Burlington & Quincy. 
LOCATION — Carneyville, Sheridan County, CAPACITY— 475,000 tons per year. 
Wyoming. 


Operated for SheridaneWyoming Coal Company, Inc., Sheridan, Wyoming. 


Eighteen 

















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Carney Mine No. 44 RAILROAD — Chicago, Burlington & Quincy. 
LOCATION — Carneyville, Sheridan County, CAPACITY —1,000,000 tons per year. 
Wyoming 


Operated for Sheridan-Wyoming Coal Company, Inc., Sheridan, Wyoming. 























Monarch Mine No. 45 RAILROAD — Chicago, Burlington & Quincy. 
LOCATION—Monarch, Sheridan County, CAPACITY —1,000,000 tons per year. 
Wyoming. 


Operated for Sheridan-Wyoming Coal Company, Inc., Sheridan, Wyoming. 


Nineteen 





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Kooi Mine No. 46 
LOCATION — Kooi, Sheridan County, Wyo- 


ming. 











Cora Mine No. 51 


LOCATION — Andrew, Sangamon County, 


Illinois, 





RAILROAD — Chicago, Burlington & Quincy. 
CAPACITY—500,000 tons per year. 





Operated for Sheridan-Wyoming Coal Company, Inc., Sheridan, Wyoming. 











RAILROADS— C. P. & St. L. and C. & N. W. 
CAPACITY — 325,000 tons per year. 


Operated for Springfield District Coal Mining Company, Springfield, Illinois. 


Twenty 

















Riverton Mine No. 52 RAILROAD — Wabash. 
! LOCATION ~—Riverton, Sangamon County, CAPACITY —525,000 tons per year. 


Illinois. 


Operated for Springfield District Coal Mining Company, Springfield, Mlinois. 





Woodside Mine No. 53 RAILROAD — Wabash. 
LOCATION — Springfield, Sangamon County, CAPACIT Y— 450,000 tons per year. 
Illinois. 


Operated for Springfield District Coal Mining Company, Springfield, [llinois. 


/ Twenty-one 


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Black Diamond Mine No. 54 RAILROADS —C. & A. and I. T. S. 
LOCATION—Auburn, Sangamon County, CAPACITY— 625,000 tons per year. 
Illinois. 


Operated for Springfield District Coal Mining Company, Springfield, Illinois. 





Klondike Mine No. 55 RAILROADS —C. & A. and Wabash, 
Genre Springfield, Sangamon County, CAPACITY— 500,000 tons per year. 
inois. 


Operated for Springfield District Coal Mining Company, Springfield, Illinois. 


Twenty-two 





























Capital Mine No. 57 RAILROADS — Wabash, C.&A., I. C., B. & 
C. 


LOCATION — Springfield, Sangamon County, US eh Sec W png aa 
Illinois. CAPACIT Y— 450,000 tons per year. 


Operated for Springfield District Coal Mining Company, Springfield, Illinois. 














Taylorville Mine No. 58 RAILROADS—C. & I. M., C. & A., I. C,, 


LOCATION — Taylorville, Christian County, CoS NeW Ny abashaB 20. 
Illinois, CAPACITY — 625,000 tons per year. 


Operated for Springfield District Coal Mining Company, Springfield, Illinois. 


Twenty-three 

















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Mines Operated by Peabody Coal Co. 
Annual Capacity over 18,000,000 Tons 


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ILLINOIS Located On 


. Shellbark, Marion, Williamson Co. C&EI-CB&Q-IC-MO PAC 


Victor, Pawnee, Sangamon Co. C&IM-C&A-IC-WAB-C&NW-B&O 


. Sherlite, Sherman, Sangamon Co. C&A 
. Victor, Kincaid, Christian Co. C&IM-C&A-IC-C&NW-WAB-B&O 
. Victor, Humphrey,Christian Co. C&IM-C&A-IC-C&NW-WAB-B&O 
. Victor, Calloway, Christian Co. C&IM-C&A-IC-C&NW-WAB-B&O 
. Peabody, West Frankfort, Franklin Co. C&EI-IC-CB&Q 


Peabody, West Frankfort, Franklin Co. C&EI-IC 


. Stonington, Stonington, Christian Co. WABASH 
. Westville, Westville, Vermilion Co. C&EI-BIG FOUR 


Burr, ‘‘C’’ Carterville, Williamson Co. IC 


- New Virginia, Johnston City, Williamson Co. C&EI-IC 
. Cora, Andrew, Sangamon County CP&StL-C&NW 


Riverton, Riverton, Sangamon Co. WABASH 


. Woodside, Springfield, Sangamon Co. WABASH 


Black Diamond, Auburn, Sangamon Co. C&A-ITS 


. Klondike, Springfield, Sangamon Co. C&A-WABASH 
. Capital, Springfield, Sangamon Co. 


CI&W-B&OSW-IC-ITS-C&A-WABASH-C&NW 


. Taylorville, Taylorville, Christian Co. 


WABASH-C&IM-C&A-IC-C&NW-B&O 
INDIANA 


. Kettle Creek, Shelburn, Sullivan Co. CTH&SE 
. Polk Patch, Boonville, Warrick Co. SOUTHERN 


KENTUCKY 
Manufacturers, Hellier, Pike Co. 


- Black Mountain, Evarts, Harlan Co. 


OKLAHOMA 
Superior, Tahona, Le Flore Co. 


WASHINGTON 


Spiketon, Morristown, Pierce Co. 


WYOMING 


. Sheridan, Dietz, Sheridan Co. 


Sheridan, Dietz, Sheridan Co. 


. Acme, Acme, Sheridan Co. 


Model, Carneyville, Sheridan Co. 


. Carney, Carneyville, Sheridan Co. 


Monarch, Monarch, Sheridan Co. 
Kooi, Kooi, Sheridan Co. 


CANADA 


. Jasper Park, Pocahontas, Alberta 





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SOME OF OUR CLIENTS 


Acme Coal Company, 
Acme, Wyoming 
Amalgamated Development Corp., 
Carneyville, Wyoming 
Big Muddy Fuel Company, 
Johnston City, Illinois 
Black Mountain Corporation, 
Evarts, Kentucky 


By-Products Coke Corporation, 
Chicago, Illinois 


Central Ill. Public Service Company, 
Chicago, Illinois 
Chicago, Burlington & Quincy Railroad, 
Chicago, Illinois 
Chicago, Rock Island & Pacific Railway, 
Chicago, Illinois 
Commonwealth-Edison Company, 
Chicago, Illinois 
Consumers Company, 
Chicago, Illinois 
Continental & Commercial Nat.onal Bank 
Chicago, Illinois 
Department of the Interior, 
United States Government 
Federal Coal Company, 
Carterville, Illinois 


First National Bank, 

Sheridan, Wyoming 
Fuel Controller for the 

Dominion of Canada 


Indiana Hocking Coal Company, 
Shelburn, Indiana 


Iowa Railway & Light Company, 
Cedar Rapids, Iowa 


Jasper Park Collieries Co,, Ltd., Duluth, 
Minn. and Pocahontas, Alberta, Canada 


Kooi Coal Company, Kooi, Wyoming 
Manufacturers Coal & Coke Company, 
Hellier, Kentucky 


Merchants Loan & Trust Company, 
Chicago, Illinois 


Middle West Utilities Company, 
Chicago, Illinois 


Monarch Coal Mining Company, 
Sheridan, Wyoming 


Peabody, Houghteling & Company, 
Chicago, Illinois 


Peoples Gas Light & Coke Company, 
Chicago, Illinois 


Pierce County Coal Company, ‘ 
Morristown, Washington 


Public Service Co. of Northern Illinois, 
Chicago, Illinois 


Scandanavian-American Bank, 
Tacoma, Washington 
Semet-Solvay Company, 
Syracuse, N. Y. 


Sheridan- Wyoming Coal Company, 
Sheridan, Wyoming 


Springfield Coal Mining Company, 
Springfield, Illinois 


Springfield District Coal Mining Co., 
Springfield, Illinois 


Superior Smokeless Coal & Mining Co.. 
Tahona, Oklahoma 


United States Distributing Corporation, 
New Yceurk City 


New York City 


J. Woolley Coal Company, 
Evansville, Indiana 


Harry Payne Whitney, 





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